The U.S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less ...

USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit ​that ...

The e-commerce giant wants to reduce its postal volume by at least two-thirds by this fall.

Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday ...

Postmaster general David Steiner has called for change to federal law that caps USPS’s borrowing at $15bn ...

The U.S. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries ...

USPS faces serious financial crisis and could run out of cash within a year without reforms, as Postmaster General asks ...

Mounting financial pressure and structural limits are raising concerns about the long-term stability of a critical national ...

The U.S.P.S. leader said at a hearing that the service could run out of cash within a year and asked lawmakers to increase ...

The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to ...

The U.S. Postal Service may be forced to stop deliveries next year if current trends continue, according to the postmaster ...

By David Shepardson WASHINGTON, March 17 (Reuters) - The head of the U.S. Postal Service told Congress on Tuesday it could ...